Carol Furtado appointed as executive director at Ujjivan Small Finance Bank

By Amar

Synopsis: Ujjivan Small Finance Bank has appointed Carol Furtado as its new Executive Director for a three-year term, effective from May 1, 2024. The appointment has been approved by the Reserve Bank of India (RBI).

Carol Furtado appointed as executive director at Ujjivan Small Finance Bank


Ujjivan Small Finance Bank has appointed Carol Furtado as its new Executive Director for a three-year term, effective from May 1, 2024. The appointment has been approved by the Reserve Bank of India (RBI).


Key Highlights:

- Carol Furtado has been with Ujjivan Small Finance Bank since its inception and has held various key positions, including Chief Human Resource Officer, Head of Operations and Service Quality, and Chief Business Officer.

- She was a key member of the leadership team that laid the foundation of Ujjivan and played a crucial role in the organization's transition from an NBFC-MFI (Non-Banking Financial Company - Microfinance Institution) to a small finance bank.

- Furtado has over 29 years of banking experience in the retail banking and non-banking finance company domains.

- She is a post-graduate from Mount Carmel Institute of Management, Bangalore, and has previously worked with the ANZ group, Bank Muscat, and Centurion Bank.


This appointment underscores Furtado's extensive experience and her significant contributions to the growth and development of Ujjivan Small Finance Bank over the years. 


Her leadership and expertise will be invaluable as the bank continues to expand its operations and serve its customers.


In conclusion, Carol Furtado's appointment as Executive Director at Ujjivan Small Finance Bank marks a significant milestone in the bank's journey. 


With her extensive experience in banking and her key roles in the bank's development, Furtado is well-equipped to lead the bank's future endeavors. 


Her appointment is a testament to her dedication and commitment to the organization's growth and success.



Related Questions

1. What is Carol Furtado's new role at Ujjivan Small Finance Bank?

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Carol Furtado has been appointed as the new Executive Director at Ujjivan Small Finance Bank for a three-year term, effective from May 1, 2024.

2. What are Carol Furtado's key roles at Ujjivan Small Finance Bank?

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Carol Furtado has held various key positions at Ujjivan Small Finance Bank, including Chief Human Resource Officer, Head of Operations and Service Quality, and Chief Business Officer.

3. What experience does Carol Furtado bring to her new role?

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Carol Furtado has over 29 years of banking experience in the retail banking and non-banking finance company domains, along with her post-graduate education from Mount Carmel Institute of Management, Bangalore.

4. What is the significance of Carol Furtado's appointment?

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Carol Furtado's appointment as Executive Director at Ujjivan Small Finance Bank signifies her extensive experience and significant contributions to the bank's growth and development.

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